Wealthcare Advisory Partners LLC Cuts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Wealthcare Advisory Partners LLC cut its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 21.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,459 shares of the company’s stock after selling 1,744 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,851,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MGK. Kingswood Wealth Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 6.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 1,700 shares of the company’s stock valued at $441,000 after acquiring an additional 100 shares during the last quarter. Activest Wealth Management lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 500.0% during the 4th quarter. Activest Wealth Management now owns 240 shares of the company’s stock valued at $62,000 after purchasing an additional 200 shares during the last quarter. Mather Group LLC. boosted its position in shares of Vanguard Mega Cap Growth ETF by 69.9% in the 1st quarter. Mather Group LLC. now owns 2,791 shares of the company’s stock worth $800,000 after purchasing an additional 1,148 shares in the last quarter. PFG Advisors grew its stake in Vanguard Mega Cap Growth ETF by 17.7% during the 4th quarter. PFG Advisors now owns 1,065 shares of the company’s stock worth $276,000 after buying an additional 160 shares during the last quarter. Finally, Perigon Wealth Management LLC acquired a new position in Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $201,000.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK traded up $1.03 during trading on Thursday, hitting $317.49. The company’s stock had a trading volume of 50,790 shares, compared to its average volume of 315,010. Vanguard Mega Cap Growth ETF has a fifty-two week low of $218.10 and a fifty-two week high of $317.81. The company has a market cap of $21.01 billion, a PE ratio of 42.92 and a beta of 1.28. The business’s 50 day simple moving average is $293.52 and its 200-day simple moving average is $280.76.

Vanguard Mega Cap Growth ETF Company Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.